Lennar

Lennar Corporation
Company typePublic
IndustryHome construction
Founded1954 (1954)
Founders
  • Leonard Miller
  • Arnold Rosen
HeadquartersMiami, Florida, U.S.
Key people
  • Stuart Miller (executive chairman & co-CEO)
  • Jon Jaffe (president & co-CEO)
  • Fred Rothman (COO)
Production output
Increase 73,087 new home deliveries (2023)
RevenueIncrease US$34.23 billion (2023)
Decrease US$5.366 billion (2023)
Decrease US$3.938 billion (2023)
Total assetsIncrease US$39.23 billion (2023)
Total equityIncrease US$26.58 billion (2023)
Number of employees
Increase 12,284 (2023)
Websitewww.lennar.com
Footnotes / references
Financials as of November 30, 2023.[1]
Lennar's former headquarters in Fontainebleau, Florida
Lennar's branch office in San Ramon, California

Lennar Corporation is a home construction company based in the Waterford District, an unincorporated area of Miami-Dade County, Florida with a Miami postal address.[1] As of 2023, the company was the second-largest home construction company in the United States based on the number of homes sold.[2][3] In 2023, the company was ranked 119th on the Fortune 500.[4]

The company operates in multiple states. It also has investments in multifamily and single family residential rental properties and investments in property technology companies. The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen.[5]

  1. ^ a b "Lennar Corporation FY 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. January 26, 2024.
  2. ^ "The Top 100". builderonline.com. 2023. Retrieved October 13, 2023.
  3. ^ "The Top 100". Hanley Wood.
  4. ^ "Housing market affordability is so strained that this Fortune 500 homebuilder is offering a fixed 4.25% mortgage rate in some communities". Fortune. Retrieved October 14, 2023.
  5. ^ "About Lennar". Lennar Corporation. Retrieved August 24, 2018. 1971 Leonard and Arnold combine their names to rename the company Lennar. That same year, Lennar Corporation becomes a public company.

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